PPP Loan information for Washington automobiles inc

$798,365

Washington automobiles inc was initially approved for PPP Loan of amount $798,365, the current approved amount is $798,365. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 60 jobs and $798,365 was used to fund payroll.

Washington automobiles inc is Existing or more than 2 years old

WASHINGTON AUTOMOBILES INC

Date Approved

04/14/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

WASHINGTON AUTOMOBILES INC

Borrower Address

382 West Chestnut Street

Borrower City

Washington

Borrower State

PA

Borrower Zip

15301

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

798365.00

Current Approval Amount

798365.00

Undisbursed Amount

0.00

Franchise Name

Toyota Motors Sales, U.S.A., Inc. - Dealer Agreement

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

WASHINGTON

Project State

PA

Project Zip

15301-0001

CD

PA-14

Jobs Reported

60

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

568365.00

Mortgage Interest Proceed

30000.00

Rent Proceed

110000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

807945.38

Forgiveness Date

07/02/2021

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